The European Stability Mechanism (ESM) completed its fourth quarter funding needs on Monday, raising the full €2 billion it had targeted The ESM issued a new €2 billion 0% bond maturing on 16 December 2024. The spread was fixed at mid-swaps minus 8 basis points, for a reoffer yield of -0.582% and a new issue…
The European Parliament has set up a new Special Committee on Cancer, one of several new committees being launched by the institution. To mark the occasion, the World Vapers’ Alliance (WVA), a pro-vaping advocacy group based in Brussels, has launched a campaign calling on the EU institutions to endorse vaping in the EU Cancer Plan…
Ukraine, like other European countries, is experiencing a crisis caused by the coronavirus pandemic. In the energy sector, this is reflected by a significant decline in electricity consumption. However, the situation is further compounded by an ongoing systemic crisis in the sector. Even before the Coronavirus outbreak Ukraine’s energy sector was facing enormous challenges, with…
The Yak-130 combat training aircraft was designed by Yakovlev Design Bureau along with Italy’s Aermacchi, and production was launched in 2009 by the Irkut Corporation in Russia, writes John Buchan. One of the strengths of the plane was a Ukrainian designed AI-222-25 engine created by Ivchenko-Progress SOE. The engine was subsequently produced by Russia’s Salyut…
